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Your company is thinking of offering a tax-free fringe benefit (say health insurance) that you want. You currently pay $10,000 after-tax for this benefit on
Your company is thinking of offering a tax-free fringe benefit (say health insurance) that you want. You currently pay $10,000 after-tax for this benefit on your own. How much salary could you give up to get this benefit tax-free from your employer and still have equivalent after-tax wealth? Assume your MTR is 22%. Round to the nearest whole dollar
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